EURUSD Market Update 23 Jan 2022
The next FOMC Interest Decision and Press Conference n will be held on 25-26 Jan 2022.
As you can see in the recent US Stock Market, Nasdaq and S&P 500 index has fallen into correction territory. The market is extremely volatile now.
The market has expected to have 3 rate hikes in 2022. Any rate hikes expectation that is more than 3 times this year will be bullish for USD while any reduction of the rate hikes expectation will bullish EUR.